Validation matters, especially when it comes to improving employee mental health.
Two newly released studies not only show clinical improvements in symptoms, but also positive benefits to businesses in terms of productivity, absenteeism, and healthcare costs.
This means that employees feel better faster, which leads to increased productivity. As a result, employers experience significant savings.
Nearly 70% of participants reliably improved their mental health, and average time to remission clocked in at just 5.9 weeks. Employees who enrolled in the program missed 25% fewer days of work each week due to their mental health.
The study also found that companies that use Spring Health save an average of $7,000 per employee within six months, and experience a 30% reduction in total claims cost per enrolled employee.
The study found that when companies make an investment in employee mental health by partnering with Spring Health, financial outcomes improve. We’re also the first and only mental health solution for employees and their families, including children ages 6+, to show NET financial ROI, delivering:
- $2,195 net financial savings, after deducting the cost of Spring Health care
- 30% net PPPY savings on average
- Fastest recovery, with study participants recovering in under 6 weeks